Who is Managing Your Notices?
Notices are a way for taxing jurisdictions to get in touch with you. Monitoring and responding to...
Sales tax is a significant revenue source for many states. In fact, according to the Tax Policy Center, it can be the leading source of revenue for many departments, comprising 25-35% of a state's revenue.
With the Wayfair decision, many more businesses are now required to collect and remit sales tax. What these businesses don't realize is that due to responsible party laws, a business itself is not the only one at risk. CEOs, CFOs, Directors and other individuals that have influence over a business's tax and accounting process can be held personally responsible for any sales tax shortfalls according to responsible party laws.
Notices are a way for taxing jurisdictions to get in touch with you. Monitoring and responding to...